On the daily time frame we see that the dollar yen has broke above the resistance level at 105.337 after having tested that levels twice over 3 days before going higher.
USDJPY – Heading North Towards 106.75
About the Author: Ardy Ismail
Ardy is a Professional Forex Trader specializing in the Forex market. He trades using both Technical and Fundamental Analysis and mentors other traders how to trade the Forex market using proprietary trading strategies which he has developed over the years. He started investing in equities in 1999 and trading Forex in 2008. He is the founder and lead currency strategist @ Forexachievers.com